First American's venture capital arm, Parker89, focuses on investing in early-stage companies and entrepreneurs who are innovating in residential and commercial real estate. Their strategy targets proptech, tech-enabled brokerages and marketplaces, agent tools, lenders, mortgage software, and fractional homeownership.
43% of their portfolio is in PropTech. Average disclosed round size is $83.5M (across 6 rounds with reported amounts).
Portfolio
7
Fund Size
$350M
Top Stage
Series A
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
Top Co-Investors
NFX2 shared
Greenspring Associates2 shared
Bain Capital Ventures2 shared
Khosla Ventures2 shared
JLL Spark2 shared
Greycroft1 shared
Founders Fund1 shared
Greylock Partners1 shared
Nyca1 shared
Thomvest Ventures1 shared
Waterfall Asset Management1 shared
TriplePoint Capital1 shared
75 & Sunny Ventures1 shared
SoftBank Vision Fund1 shared
Lightspeed Venture Partners1 shared
Canvas Ventures1 shared
Citi Ventures1 shared
Expanding Capital1 shared
Silicon Valley Bank1 shared
Masco1 shared
Last updated: 16 April 2026